The Fair Share Report

10 Eton Rd

Berkeley, NJ 08753

The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.

Step 1 · Market value

≈ $295,897

Likely range $257,568 – $337,220, from 12 comparable Berkeley sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

52.95%

The state's official measure of how far Berkeley assessments sit below market value — republished every October, applied town-wide. A $295,897 home should be assessed near $156,677.

Step 3 · Assessed value

$104,800

Set at the last town-wide revaluation and mostly frozen since. That's $51,877 below what the ratio math suggests (33.1%).

Step 4 · The tax rate — same for every Berkeley home

$2.590 per $100 assessed

$1.213 Schools · 47% $0.582 County · 22% $0.795 Town · 31%

Step 5 · The bill

$2,714/yr
Public schools$1,271
Ocean County$610
Town of Berkeley$833
Berkeley average$5,442

This home vs. every recent Berkeley sale · assessed ÷ market

Town median 46.3%
This home · 35.4%

26%68%

Paying about right

This home's ratio lands inside Berkeley's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
8 BRAKENBURY CT2025-07$325,0001,14040.0%
44 CASTLE HARBOR DR2025-04$260,0001,12443.3%
62 CASTLE HARBOR DR2025-12$326,5001,12452.6%
110 GEORGETOWN RD2025-03$265,0001,13540.4%
12 NORFOLK DR2025-06$230,0001,15745.4%
135 NORTHUMBERLAND DR2026-04$335,0001,13931.1%
3 SALERNO CT2025-10$285,8881,12436.8%
146 BIMINI DR2026-02$314,0001,12434.0%
9 GOWER RD2025-10$279,0001,14140.0%
45 PORT ROYAL DR2024-12$255,0001,12444.5%
68 WESTBROOK DR2025-07$350,0001,14040.4%
89 CARLISLE RD2026-03$350,0001,12146.0%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →